YIT to sell apartments worth approximately EUR 10 million for rental use

YIT Corporation Investor News December 30, 2016 at 14:00 p.m.

YIT has signed agreements on the sale of 46 apartments to residential funds. The total value of the agreements is approximately EUR 10 million.

The apartments that will come for rental use, are located in different parts of Finland and are either mainly completed or close to the completion. The apartments will be recorded in the fourth quarter sales.

For further information, please contact:

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation, tel. +358 40 5666 070, hanna.jaakkola@yit.fi


Hanna Jaakkola

Vice President, Investor Relations

Distribution: NASDAQ Helsinki, major media, www.yitgroup.com

YIT creates better living environment by developing and constructing housing, business premises, infrastructure and entire areas. Our vision is to bring more life in sustainable cities. We want to focus on caring for customer, visionary urban development, passionate execution and inspiring leadership. Our growth engine is urban development involving partners. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2015, our revenue amounted to nearly EUR 1.7 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com